Intergenerational Accounting and Saving in Australia
John Ablett
The Economic Record, 1996, vol. 72, issue 218, 236-245
Abstract:
This paper generalizes the Kotlikqff type generational accounting notion of generational imbalance to include net private intergenerational transfers. The Kotlikqff identities are seen to be a subset of the overall intergenerational accounting identities. Simulations for Australia using the intergenerational accounting framework reveal a significant intergenerational imbalance to the detriment of future generations. This suggests current savings rates in Australia are inadequate to permit intergenerational balance.
Date: 1996
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https://doi.org/10.1111/j.1475-4932.1996.tb00956.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ecorec:v:72:y:1996:i:218:p:236-245
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